FTX will begin customer distributions in January in January 2025.
FTX debtors will commence customer distribution in early January, with its court-approved Chapter 11 bankruptcy reorganization becoming effective on January 3, 2025.
FTX will work with crypto custodian BitGo and crypto exchange Kraken to distribute assets to retail and institutional customers.
FTX collapsed in November 2022, with five of the top executives jailed or sentenced to time served.